LevelJump Healthcare Corp. Establishes New Day Clinic Teleradiology Group: Revenue Growth
Toronto, Ontario--(Newsfile Corp. - February 7, 2023) - LevelJump Healthcare Corp. (TSXV: JUMP) (OTCQB: JMPHF) (FSE: 75J) ("LevelJump" or the "Company"), a Canadian leader in B2B telehealth solutions, is pleased to announce that its wholly owned subsidiary Canadian Teleradiology Services, Inc. ("CTS") has established a new daytime radiology reading group.
CTS has established a new daytime teleradiology reading group to provide radiologist reporting for clinical work. This service provides radiology results for medical imaging modality studies such as mammography, ultrasound, and x-ray. The service includes emergency STAT delivery times for our patients. The new group has started to read for our existing IHF centers and will offer services to other healthcare facilities as well.
CTS has specialized in afterhours and overnight hospital service for more than 18 years and has positioned itself to now offer daytime service to clients in Canada.
With this migration bringing our radiology reading for our IHF centers in house, CTS should now see an increase in annual revenues of over 5%.
Management estimates that with this new business, along with the recently announced new hospital contract, CTS should have approximately $11,000,000 in revenue in 2023.
"CTS continues to build out its operations, increasing revenues and providing valuable services to Canadian communities. We are adding new growth opportunities while providing critical care for patients," said Mitch Geisler, CEO.
About LevelJump Healthcare
LevelJump Healthcare Corp., (TSXV: JUMP) is building a national telehealth medical company and brand, currently by providing teleradiology (remote radiology) services to its client hospitals and imaging centers. Additionally, JUMP owns and operates independent healthcare facilities (IHF's) focused on diagnostic imaging.
ON BEHALF OF THE BOARD OF DIRECTORS OF
LEVELJUMP HEALTHCARE CORP.
Caitlin-Robyn Densmore, Investor Relations Manager
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
This news release contains "forward-looking information" within the meaning of applicable securities laws relating to the Company's business plans and the outlook of the Company's industry. Although the Company believes, in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this release and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by applicable securities laws. The Company undertakes no obligation to comment on analyses, expectations or statements made by third-parties in respect of the Company, Canadian Teleradiology Services, Inc., their securities, or their respective financial or operating results (as applicable).
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